Toronto–(PHStocks)–Sun Life Financial Inc. (PSE: SLF) (TSX: SLF) (NYSE: SLF) today announced that Kevin Strain, currently Senior Vice-President, Individual Insurance and Investments for the Company’s Canadian operations, will become President, Sun Life Financial Asia.
Strain will succeed Dikran Ohannessian, who is retiring after more than 35 years with the Company. Strain will be responsible for Sun Life’s interests in Asia spanning the Philippines, Hong Kong, Indonesia, India and China, including managing the Company’s relationships with its partners and identifying opportunities for growth in the region. He will begin transitioning to his new role in April and will be based in the Company’s Asia Regional Office in Hong Kong beginning in early June. He will report to Dean A. Connor, President and CEO.
“Sun Life’s operations in Asia are a key pillar of our strategy, and continuity of strong leadership is critical to building on our success in the region,” said Connor. “Kevin has proven expertise managing products and distribution in both our insurance and wealth lines of business – experience that is crucial to further advancing our Asian strategy. His appointment is a demonstration of Sun Life’s management bench strength.”
Strain, who holds a Master’s degree in Accounting, has been in his current position since 2007. Prior to that, he held senior finance positions in Sun Life’s Canadian operations and corporate office after joining Sun Life as part of the Clarica Life Insurance Company acquisition in 2002. His successor in Canada will be named in coming weeks.
Connor thanked Ohannessian for his distinguished service to Sun Life, including the past two years in Asia. “Dikran made substantial contributions to Sun Life for more than three-and-a-half decades and has laid a foundation for continued success in our growing Asian operations,” he said.